"The properties, which are a mix of youth centers, residential facilities and schools, are all in prime locations and gave the buyers the ability to diversify," says Berger, SVP, CBRE. "The new owners of the net leased properties will be able to maintain a steady cash flow for the near future, with the possibility of development in the longer term, while the owners of the vacant assets will be repositioning them for alternative uses."

YCS provides services to thousands of New Jersey families who have children with special needs, including individualized educational, mental health and/or behavioral health programming.

"We are also very proud to be helping a non-profit that services challenged youths. These were complex transactions and only through a great deal of determination, creativity and collaboration between the CBRE teams were we able to maximize value for our client," CBRE Eigen says.